The European Union is a 28-member political, economic and monetary union, primarily located in Europe.1 Its objective is the creation of an economic and monetary union through the convergence of its member countries' economic and monetary policies and the creation of a single, shared currency, the Euro. As a political union, the European union has a role representing its member states in international relations. It has conducted some diplomatic missions, and is represented at the United Nations, the WTO, the G8 and the G20. However, many see the Europeans' role as a political union up for debate, suggesting that the EUs core purpose should be solely a trading bloc.

The legislature of the European Union is bicameral, composed of an upper house called The Council of the European Union, and a lower house called the European Parliament. The two houses have co-decision making procedures where legislative acts must be jointly adopted. The power to initiate any laws, however, is held by the European Commission (the executive body, composed of one member from each state). The Commision is composed of members nominated by individual states, but who are supposed to look out for the interests of the EU as a whole. The Council is composed of members from national ministers (or similar) from each nation whose portfolios contain the topic area to be discussed. The European Parliament is composed of 751 directly elected members.2

As an economic union, the EU has developed a single common market between its member states through a standardized system of laws and free trade agreements (member state laws must converge on this standard). EU policies aim to ensure the free movement of people, goods, services, and capital, and maintain common policies on trade, agriculture, fisheries, and regional development. Regional development is an important component of the economic union, because failures in particular economies pose a risk to the economic and monetary union as a whole.

As a monetary union, the euro-zone shares a common currency, the euro, and is controlled by the European Central Bank. Several EU countries opt out of the eurozone, most notably the United Kingdom. Recently, the eurozone crisis has raised questions about the viability of a single currency. The eurozone economies suffered through six quarters of shrinking GDP, with modest growth in the second quarter of 2013. Bank undercapitalization and government debts and deficits are criticized as threatening the underpinnings the monetary union, even with new austerity measures. Economies like Greece, Spain, Portugal - and even Italy, Finland and the Netherlands - are facing weakened economies.

Other concerns exist about the growth of the European Union. For example, Turkey's application for accession in the European Union is highly opposed, especially by those who view the EU as a political union, not merely a trade bloc (only 3% of Turkey is in Europe). The Economist suggests this is "queasiness over letting a big, powerful and prickly Muslim country" into the union.3 Similarly, five of the EU members do not recognize Kosovo as a country, making Kosovo's desire to represent itself at international forums difficult. If these countries lift their objections, Kosovo might be allowed to join the EU.4

The current crisis in the European monetary union has many observers warning that not only will the Euro currency collapse, but also the entire European integration project. How would you answer such a cautioning statement? Instead of explaining current specific incidents or predicting the probable results, the emphasis should

Medicinal products are highly regulated in the European Union (EU) and are subject to a complex systems of approvals that dictate how such drugs will be sold in the EU. Two procedures used to bring drugs into market are the "centralized procedure" and the "decentralized procedure". Briefly define and describe these two procedure

Hello, I have a short case with two questions (1.5 pages in total) that I would like an opinion on. I am not looking for any answer, but rather something to help push me along. I am especially stuck on question 2. I will have to do my own research and support my own position, but I feel I need a push.
Please see attachment,

In the United States, information that a company collects about the customer is legally the company's property. In the European Union, this information is the individual's property. Explain why there is this difference in the legal treatment of this information.
What do we mean by "intellectual property"? What are the differ

US leadership in conflicts with and in Iraq and tense relations with Iran and Syria add to the muddled situation. Further complicating matters is the changing role of Russia in the region and our relationship with that nation. Finally, relations with the European Union and NATO necessarily influence how we deal with the Israel

What is the ultimate goal of regional economic integration (REI)? Identify a potential benefit and a drawback of REI.
Greece is a member of the European Union and the Eurozone and received an economic bailout that resulted in economic pain. Discuss this situation in light of the second question. Is integration that beneficial

There are different implications of running a country that is within or outside of the European Union. If you were the head of a firm based in the United States, please answer the following questions:
1. Would you seek to acquire a company within the European Union or outside of it? Why?
2. Describe the advantages and

AJ's Bakery bakes apple fritters to sell to area grocery stores. The company uses the weighted-average method of process costing to account for the cost of the apple fritters it produces. Raw materials (flour, sugar, flavoring, apples) and conversion costs are incurred at the same rate during the production process. Data for AJ'

1. The income statement and balance sheet for Galaxy Interiors (for 2011) are shown below:
A. What is the firm's operating cash flow for 2011 (as defined in Chapter 2)?
B. What is the "Net cash from operating activities" on the Statement of Cash Flows (see Chapter 3)?
C. What was the amount of dividend

Compare and contrast the copyright laws of the United States to the copyright laws of the European Union. What are moral rights and how are such rights protected? What copyright laws apply in the US; in the EU? How does the Berne Convention protect intellectual property rights?

Please help with a discussion about International HR Polices and Procedures.
Resource
Discussion Participation Scoring Guide.
In his article "Human Resources Policies Compared: What Can the EU and the USA Learn from Each Other?" author Eduardo Tome states:
"There is little doubt that the twenty-first century will be dom

Review the case study on Ericsson.
- Identify the major sources of influence on Ericsson's accounting standards and practices.
- If you were in the position of CFO, would you recommend that Ericsson adopt full IFRS or IFRS as adopted by the EU? Provide a rationale for your recommendation.

Discuss the principles of constitutional design and the additional features that most constitutions expect. Discuss why some countries do not include the additional features and use specific examples to support your answer.

See the attached file.
Both in the OCR and attached to this assignment there is a PDF file of International Paper's (IP) most recent 10-K (annual report). Using the information contained in the annual report please answer ALL of the following questions. Much of the information you need for the adjustments is near Note 7: pg 70

Why has European integration occurred? Specifically, why has it evolved at different speeds and to different extents in different areas? Which seems like the most dominant trend - the "blending" of national identities into a greater whole, or the resilience of those different identities in the face of pressures to conform? Does

Bell Computers, Ltd., located in Liverpool, England, assembles a standardized personal computer from parts it purchases from various suppliers. The production process consists of several steps, starting with assembly of the "mother" circuit board, which contains the central processing unit. This assembly takes place in the CPU A

(Standard process costing; variances) Alberton Co. uses a standard costing system to account t for its production of toys. Plastic is added at the start of production; labor and overhead are incurred at equal rates throughout the process. The standard cost of one toy is as follows:
Direct Material $0.10
Direct Labor 0.02

Provide a descriptive title or heading for your paper by focusing on topics or countries that interest you (such as Trade Patterns and Developments in Country X and Country Y).
The Trade Patterns and Developments of Russia and European Countries
Why are do Europe and Russia trade with one another?
Examine th

Step 1: Choose a European country that belongs to the EU to analyze.
Step 2: Discuss their currency, issues relative to their currency, and how this may impact operations in the future.
Step 3: Defend your choice of country in the post. State the reasons why the selection of a country in the EU is valid for your company's

PART 1
I have a company here in the U.S (BELL TECH U.S.A) that has been in acquisition talks with two different companies based in Europe. One of them is DEE Industries, headquartered in a country that is part of the European Union (EU), and uses the Euro, the second is KIM Industries, headquartered in another European countr

Critically evaluate and analyze the attached article and provide conclusion with the analysis.
Article title: Accounting Management by International Standards.
Source and Date of Publication: International Journal of Business and Management, Volume 5, Number 5 (May 2010), pages 36-43.
Name of the Author: Beke, Jeno.

Locate two articles discussing the ethical perspectives or business ethics of a foreign
country. Each article must contain information on a different foreign country on a different
continent; for example, if the first article you select discusses a country in South America, the
second article you select must discuss a foreign

Please cite all references.
As part of its international expansion program, Acme, a U.S. multinational enterprise (MNE), is currently in the planning stages of establishing a Greenfield (see text glossary for definition) production facility overseas. You have been asked to present a proposal to the steering committee comparin